Tariff rate, applied, simple mean, all products in Belize

Belize: Tariff rate, applied, simple mean, all products was 12.0% in 2022. ▼ Falling

Latest (2022)
12.0%
Change on year
up 1.3%
World rank
39th
of 184 countries
All-time high
20.7%
in 1996
All-time low
10.9%
in 2018
Years of data
22
1996–2022

Tariff rate, applied, simple mean, all products in Belize, 1996–2022

051015201996200920221996: 20.7 %1999: 19.4 %2001: 12.8 %2002: 13 %2003: 12.8 %2006: 11.8 %2007: 11.6 %2008: 11.7 %2009: 12.5 %2010: 12.6 %2011: 11.6 %2012: 11.2 %2013: 11.5 %2014: 11.5 %2015: 11.4 %2016: 11 %2017: 11.1 %2018: 10.9 %2019: 10.9 %2020: 11.8 %2021: 11.9 %2022: 12 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, simple mean, all products in Belize stood at 12.0%.

That represents a change of up 1.3% on the previous year and up 7.0% over ten years.

Over the whole period, tariff rate, applied, simple mean, all products in Belize peaked at 20.7% in 1996 and was at its lowest, 10.9%, in 2018.

That places Belize 39th out of 184 countries with data for 2022, putting it in the top quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.0% 19.4% 20.7% 2
2000s 12.3% 11.6% 13.0% 7
2010s 11.4% 10.9% 12.6% 10
2020s 11.9% 11.8% 12.0% 3

Countries ranked near Belize

  1. 36 Antigua and Barbuda 12.4% compare
  2. 37 Cambodia 12.3% compare
  3. 38 Mali 12.2% compare
  4. 40 Argentina 11.9% compare
  5. 41 Samoa 11.9% compare
  6. 42 Nigeria 11.9% compare
  7. 42 Solomon Islands 11.9% compare

See the full ranking of 185 places →

More private sector data for Belize

All data for Belize →

Frequently asked questions

What is tariff rate, applied, simple mean, all products in Belize?
Tariff rate, applied, simple mean, all products in Belize was 12.0% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, all products recorded in Belize?
The highest recorded value was 20.7% in 1996.
What is the lowest tariff rate, applied, simple mean, all products recorded in Belize?
The lowest recorded value was 10.9% in 2018.
How does Belize rank for tariff rate, applied, simple mean, all products?
Belize ranks 39th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, all products rising or falling in Belize?
Over the last ten years it is up 7.0%. The long-run trend across the full record is falling.
Where does this Belize data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, all products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Tariff rate, applied, simple mean, all products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 3,798 data points, 1988–2022
Last refreshed

Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.